Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
China’s ByteDance buys UIPay to leverage e-payment capabilities at home
BEIJING/SHANGHAI (Reuters) - ByteDance, the owner of popular short-video app TikTok, said it has acquired a Chinese third-party payment service UIPay in a bid to leverage its domestic payment capabili...
Sep 04, 2020
China’s August exports seen keeping solid momentum; imports flat: Reuters poll
BEIJING (Reuters) - China's exports likely posted a second month of solid gains in August as more of its trading partners relaxed coronavirus lockdowns and reopened their economies, while imports edge...
Sep 04, 2020
EssilorLuxottica to appeal court verdict over GrandVision
PARIS (Reuters) - Spectacles maker EssilorLuxottica said on Friday it would appeal against a court verdict regarding planned takeover target GrandVision , after losing a Dutch court case that could je...
Sep 04, 2020
Japan second-quarter GDP slump may be worse than expected as leadership race looms: Reuters poll
By Leika Kihara TOKYO (Reuters) - Japan's economy likely shrank more than previously estimated in the second quarter as capital expenditure took a hit from the coronavirus pandemic, a Reuters poll sho...
Sep 04, 2020
Tough start for new boss of BA-owner as Walsh bows out
By Sarah Young LONDON (Reuters) - With an enviable reputation, IAG's CEO Willie Walsh would be a hard act to follow at the best of times, but his successor Luis Gallego will have to steer its British ...
Sep 04, 2020
Malaysia drops criminal charges against Goldman Sachs over 1MDB bond sales: state media
KUALA LUMPUR (Reuters) - Malaysian prosecutors on Friday withdrew criminal charges against three Goldman Sachs units accused of misleading investors over $6.5 billion in bond sales they helped organiz...
Sep 04, 2020
Explainer: Proposed changes to Indonesia central bank law spark fears independence at risk
By Tabita Diela and Gayatri Suroyo JAKARTA (Reuters) - Indonesia's parliament will consider recommendations to overhaul how the country's central bank operates, raising market fears that Bank Indonesi...
Sep 04, 2020
New UK car registrations slip in August, industry data shows
LONDON (Reuters) - New car registrations in Britain fell last month by around 5% in annual terms, preliminary data from the Society of Motor Manufacturers and Traders (SMMT) showed on Friday. August i...
Sep 04, 2020
Virgin Australia creditors approve airline’s purchase by Bain Capital
By Jamie Freed SYDNEY (Reuters) - Virgin Australia Holdings Ltd's creditors voted on Friday in favour of the purchase of Australia's second-biggest airline by U.S. private equity group Bain Capital, a...
Sep 04, 2020
U.S. job growth seen slowing in August, unemployment rate falling below 10%
By Lucia Mutikani WASHINGTON (Reuters) - U.S. job growth likely slowed further in August as financial assistance from the government ran out, threatening the economy's recovery from the COVID-19 reces...
Sep 04, 2020
